Director of Property and Asset Management
Kingsley Management Inc
- Kitchener, ON
- $110,000-135,000 per year
- Permanent
- Full-time
- Develop and implement strategies to optimize the performance of the organization's asset portfolio.
- Conduct thorough financial analysis to evaluate the profitability and risk associated with various assets.
- Monitor market trends, economic indicators, and industry developments to make informed investment decisions.
- Leadership of property management team.
- Management of property budgets for Kingsley properties.
- Review and report on variances to budgets on a monthly basis.
- Reforecast year-end results as required.
- Regular site visits to inspect properties.
- Ensure full and efficient use of software within the department.
- Ensure effective policies and procedures are implemented for preventative maintenance, insurance risk management and environmental risk management.
- Identify potential risks associated with asset investments and develop risk mitigation strategies.
- Implement risk management policies and procedures to safeguard the organization's assets.
- Regularly assess and update risk models to ensure alignment with changing market conditions.
- Utilize financial modeling techniques to analyze and project the financial performance of assets.
- Conduct scenario analyses to assess the impact of different market conditions on the portfolio.
- Provide recommendations for adjustments to the portfolio based on financial modeling outcomes.
- Oversee the valuation process for all assets, ensuring accuracy and compliance with industry standards.
- Collaborate with appraisers and valuation professionals to determine fair market values.
- Implement valuation methodologies that align with the organization's objectives.
- Generate regular reports on the performance of the asset portfolio, highlighting key metrics and trends.
- Communicate performance results and insights to stakeholders, including senior management and investors.
- Collaborate with the finance and accounting teams to ensure accurate and timely reporting.
- Stay abreast of relevant industry regulations and compliance requirements.
- Ensure that asset management practices align with legal and regulatory standards.
- Collaborate with legal and compliance teams to address any regulatory issues or concerns.
- Perform any additional duties as requested by senior management.
- Education in Finance, Business, Economics, or a related field.
- Minimum 5 years experience in the Property Management industry.
- Proven experience as an Asset Manager or in a similar role within the property management industry.
- Proven Leadership skills and experience in team development and motivation.
- Strong analytical skills with a deep understanding of real estate markets and investment strategies.
- Excellent communication and interpersonal skills, with the ability to present complex information in a clear and concise manner.
- Proficiency in financial modeling and data analysis tools.
- Knowledge of relevant legal and regulatory frameworks.
- Competitive salaries reflecting the valuable contributions of our team.
- Comprehensive benefit plan - including life insurance, long-term disability, medical, dental and vision coverage.
- Employee and Family Assistance Program.
- On-site perks - free parking, full coffee bar, modern lunchroom, outdoor patio.
- Social events and team building activities - opportunities to connect, bond, and recharge.